The board of the African Development Bank (AfDB) approved on Wednesday an €83 million (around $100 million) …
Egypt’s Electricity Sector
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The African Development Bank’s (AfDB) board of directors approved on Wednesday a €22 million ($24.75 million) loan …
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FeatureIndustry & Trade
Investments in Egypt electricity sector reach 515 bln pounds in 4 years: minister
The cost of investments in Egypt’s electricity sector has reached 515 billion Egyptian pounds ($28.7 billion) since …
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Banks
Egypt’s main agricultural bank earmarks $12.7 million for electricity loan
by Yomna Yasserby Yomna YasserEgypt’s main agricultural bank PBDAC is taking part in the state-run Egyptian Electricity Transmission Company (EETC)’s loan …
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Banks
National Bank of Egypt leads $894mn finance offer for electricity sector
by Yomna Yasserby Yomna YasserA banking alliance led by the National Bank of Egypt (NBE) is offering the state-run Egyptian Electricity …
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Banks
EXCLUSIVE: Banks’ Shares in $521 million Egypt Electricity Loan
by Yomna Yasserby Yomna YasserFive banks have reached a final agreement on their shares in a US$521 million loan to support …
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Banks
Misr Iran Bank allocates 100-million Pounds to support Egypt Electricity
by Yomna Yasserby Yomna YasserMisr Iran Development Bank (MIDB) intends to inject 100 million Egyptian pounds in a 1.5 billion pound …
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Industry & Trade
Egypt Electricity Sector Owes EGP80 billion in Fuel Payment Arrears
by Yomna Yasserby Yomna YasserEgypt’s electricity sector owes a total of EGP 80 billion ($11.2 billion) in arrears for oil products …